EURJPY London briefing — 2026-09-29

BIAS BEARISH. D1 + H4 + H1 trend alignment combined with bearish H4 and H1 fair value gaps drive the bias. KEY LEVELS R: 179.00, 185.76 | S: 178.53, 177.73 NEWS 🟡 ECB Cipollone speech (07:45 UTC) 🟡 EUR Business Climate (09:00 UTC) 🟡 EUR Consumer Confidence (09:00 UTC) SESSION OUTLOOK Three medium-impact EUR events cluster at London open. Watch price rejection at 179 resistance; downside targets 178.53 if bears hold.

Key Levels

R: 179.000 · 185.765

S: 178.500 · 177.731